Skip to content
Sonic
AI
Sonic
AI
Home
Discover
Ask Sonic
Projects
Use with Claude or ChatGPT
Show me around
Request source or feature
Microsoft and Chevron Sign 20-Year Power Deal For Texas Data Center | Bloomberg Intelligence, Sonic AI
Home
/
Bloomberg Intelligence
/
Microsoft and Chevron Sign 20-Year Power Deal For Texas Data Center | Bloomberg Intelligence
Bloomberg Intelligence
Notify me
•
Jun 22, 2026
•
23:12
Microsoft and Chevron Sign 20-Year Power Deal For Texas Data Center | Bloomberg Intelligence
From
Bloomberg Intelligence
Paul Sweeney
(Host)
•
Scarlet Fu
(Host)
•
Bloomberg Intelligence Podcast Announcer
(Presenter)
•
Bloomberg Intelligence
(Guest)
•
Kevin Crowley
(Guest)
•
Sam Fazeli
(Guest)
•
Spencer Liberman
(Guest)
•
Dennis Lockhart
(Guest)
Get the full transcript next time Bloomberg Intelligence releases an episode
Summary, key quotes, top claims, and the searchable transcript — emailed automatically. No card needed.
Sign up
Executive Summary
Major cross-industry deals are highlighted, including Chevron powering a Microsoft data center, AbbVie acquiring Apigee Therapeutics, and CRH buying Arcosa, signaling significant strategic shifts.
The immense energy demand from AI is creating new business models, with energy companies like Chevron entering the power generation market to directly supply data centers with stranded natural gas.
Cash-rich pharmaceutical and building materials companies are aggressively pursuing M&A to capture growth from new drug frontiers (neuroscience, immunology) and massive US infrastructure spending.
The legacy of former Fed Chair Alan Greenspan is assessed, contrasting his successes with later policy missteps, while a new Fed leadership under Kevin Warsh is described as taking a hawkish, reform-oriented stance on inflation.
Continue your research
Keep pulling the thread on Bloomberg Intelligence.
The Energy-AI Nexus
Strategic M&A as a Growth Engine
12
quotes
Transcript
Key Arguments
Analysis
Quotes & Entities
12
Related
Loading transcript...
Processed Jun 22, 2026
Daily intelligence brief →
yt-dlp + mlx-whisper + Gemini